Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
30 Aprile 2018 - 9:10PM
Edgar (US Regulatory)
The information in this preliminary pricing supplement is not complete and may be
changed. This preliminary pricing supplement and the accompanying prospectus supplement and prospectus are not offers to sell these securities and are not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not
permitted.
Subject to completion
Preliminary Pricing Supplement dated April 30, 2018
Filed under Rule 424(b)(2), Registration Statement No.
333-205280
Preliminary Pricing Supplement No. 66 - Dated Monday, April 30, 2018 (to:
Prospectus dated June 26, 2015 and Prospectus Supplement Dated July 31, 2017)
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CUSIP
Number
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Principal
Amount
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Selling
Price
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Gross
Concession
(1)
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Net
Proceeds
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Coupon
Type
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Coupon
Rate
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Coupon
Frequency
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Day Count
Basis
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Maturity
Date
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1st Coupon
Date
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1st Coupon
Amount
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Survivors
Option
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FDIC
Guaranteed
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Product
Ranking
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25472CEA3
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$
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100.00 %
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1.350 %
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$
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Fixed
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4.100 %
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Semi-Annual
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30/360
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05/15/2024
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11/15/2018
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$21.07
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Yes
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No
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Senior Unsecured
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Notes
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(1)
Includes a
selling concession of up to 0.9250 % that will be paid to certain securities dealers (the Selected Dealers).
Supplemental Plan of Distribution. Except for Notes sold to level-fee accounts, Notes offered to the public will be offered at the selling price set forth in
this Pricing Supplement. Notes sold by Selected Dealers on an agency basis to non-level fee accounts will be sold at the selling price. Notes purchased by Selected Dealers for their own account may be purchased at the selling price less the selling
concession specified in Note (1) above. Notes purchased by Selected Dealers on behalf of level-fee accounts may be sold to such accounts at the selling price less the selling concession, in which case, such Selected Dealers will not retain any
portion of the selling price as compensation.
Redemption Information:
Callable in whole or in part, at any time on or after 5/15/2019.
Optional Redemption: Discover Financial Services may, at its option, at any time on or after 05/15/2019, redeem these Discover Financial Services InterNotes in
whole or in part on no less than 10 nor more than 30 days prior notice delivered to the holders of these Discover Financial Services InterNotes. These Discover Financial Services InterNotes will be redeemable at a redemption price equal to
100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest. If fewer than all of these Discover Financial Services InterNotes are to be redeemed, the Trustee will select the Notes for redemption on a pro rata basis,
by lot or by such other method in accordance with the DTCs procedures. These Discover Financial Services InterNotes will be redeemed in denominations of $1,000 and integral multiples of $1,000 in excess thereof. If these Discover Financial
Services InterNotes are to be redeemed in part only, the notice of redemption will state the portion to be redeemed. Unless Discover Financial Services defaults in payment of the redemption price, on and after the redemption date, interest will
cease to accrue on these Discover Financial Services InterNotes or the portions of these Discover Financial Services InterNotes called for redemption.
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Trade Date: Monday, May 7, 2018 @ 12:00 PM ET
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Discover Financial Services
Discover Financial Services InterNotes
Preliminary Pricing Supplement No. 66 - Dated Monday, April 30, 2018
(to: Prospectus dated June 26, 2015 and Prospectus Supplement Dated July 31, 2017)
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Settlement Date: Thursday, May 10, 2018
Minimum Denomination/Increments: $1,000.00/$1,000.00
Initial trades
settle flat and clear SDFS: DTC Book Entry only
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Lead Manager: Incapital LLC
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Agents: BofA Merrill Lynch, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors, Citigroup
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InterNotes
®
is a registered trademark of Incapital Holdings LLC. All Rights Reserved.
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